More on Japan -
My comment: More debt to fix the debt problem.
November 13 - Reuters (Stanley White and Leika Kihara): "Japan's economy shrank more than expected in the third quarter, hit by natural disasters and a decline in exports, a worrying sign that trade protectionism is starting to take its toll on overseas demand. The contraction in the world's third-largest economy adds to growing signs of weakness globally, with China and Europe losing momentum… The annualized 1.2% contraction in July-September was bigger than a median estimate for a 1.0% drop and followed a robust 3.0% expansion in the previous quarter…"
November 11 - Reuters (Stanley White): "Japan's Prime Minister Shinzo Abe called… for a new public works spending program to stimulate the economy amid growing concerns about global risks. The spending, which is expected in the first half of next fiscal year starting in April, will focus on strengthening infrastructure to withstand earthquakes and frequent flooding…"